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By Mahesh_P_Butani (registered) - website | Posted January 08, 2013 at 00:43:17 in reply to Comment 84768
LOLAOA:
First off all, the Tower of Pisa is leaning, and Blanchard's buildings are NOT.
Secondly:
The interiors may require stripping of lathe-plaster and sandblasting the bricks, and sanding and polishing the floors. It may or may not require new services, washrooms and kitchen based on how badly Blanchard has let these buildings go, and whether he is interested at all in converting them to live/work lofts for which there are city loans and a great demand for rentals.
If designed well, he could get around 20 units into these buildings, and still keep the rear area above for a boutique hotel of around 60-80 rooms while retaining 5 commercial storefronts and building two very tall high-rise buildings on the vacant lots at rear, facing James and Main.
The main floors and some upper floors have/or had tenants in the very recent past. So, they are not as run down in condition as being claimed. I remember visiting Premi's office with a friend this summer, and it looked like it was in decent shape. (Also, see interview of Premi in the Spectator from a few years back, when he moved into that office--and read his quotes there).
So, what kind of resources are you really talking off here LOLAOA?
Are you saying Blanchard cannot afford these simple renovation expenses to keep his buildings going?
If I were thinking of tearing down some buildings, I'd hate to hire you as my consultant, LOLAOA, You seem to make a mess of all arguments you raise in favour of this demolition!
Isn't that what developers exactly do? If not, they are simply not developers.
And aren't you being a bit presumptuous here LOL?
Before I found out that there were no plans--except to demolish these buildings, I did email David Blanchard on hearing of his venture.
The fact remains that he has refused to acknowledge my message to him--even with a canned courtesy response. This, is so Hamilton!!
When I wrote to him, I had no reasons to doubt his undertaking, and it was an earnest reach-out on my part although knowing fully well that he does not possess the skills required to undertake such a project.
Having money and possibly pots of it, and even a helping hand from the media which is eager to give a free ride, is no guarantee of turning over a successful development project in a peculiar market such as Hamilton.
I do not know of any real developer/businessman in this world who is not curious to find out what someone has to offer, especially when their project is conceived on such a thin foundation of logic.
Like I said earlier, a Realtor and owner of properties, and a developer are two very distinct mind sets.
If he does decide to get off his high horse and chooses to respond to my email, maybe something wondrous may result--beyond his wildest expectations.
Being the consummate consultant that you are, I am sure, you will see that he gets this message from three months ago, just in case it has not reached him yet:
Mahesh P. Butani
Comment edited by Mahesh_P_Butani on 2013-01-08 00:59:10
Metropolitan Hamilton
Hamilton Reporter
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